March, 2017
Date Headline Image
Tue14Mar
"The ship reported it was being followed by two skiffs yesterday afternoon. Then it disappeared," said John Steed of Oceans Beyond Piracy.
Bunkering Tanker Hijacked Off Somalia: Officials
Tue14Mar
Five of the 11 tankers operated by Panoil Petroleum have been suspended due to "irregularities with the piping fixtures."
A Top 10 Singapore Supplier Has Bunker Tankers Suspended Over Mass Flow Meter Irregularities
Tue14Mar
Increasingly, a one year cutback strategy is viewed as a solution to market woes.
Russia Warns of New Price War Due to U.S. Shale Gains as Kuwait Calls for Extension of OPEC Production Cuts
Tue14Mar
Others warn of a return to oil in the $20s.
OPEC Extension Could End Market Losses And Propel Oil to $60 Per Barrel: Analyst
Tue14Mar
Gener8 says it has become "increasingly apparent that a two-tier market exists favouring modern ECO vessels."
Gener8 Highlights Higher Rates for ECO Vessels Amid Rising Bunker Prices
Mon13Mar
Carnival is opening a second and third Fleet Operations Center in Seattle and Miami, respectively.
Carnival Eyes Improved Ship Efficiency with New Fleet Operations Centers
Mon13Mar
Citing an "extremely challenging operating environment," the company reports a 2016 loss attributable to equity holders of $219 million.
OOIL Points to Higher Bunker Prices in 2016 H2 for Difficult Operating Environment
Mon13Mar
First introduced in 2014, Viswa Lab says VEEMS is now a "fully developed and market-ready product for the marine industry."
Viswa Lab Eyes 20% Bunker Savings With VEEMS System
Mon13Mar
Dr. Bevan Marten of the Law Faculty of Victoria University of Wellington says New Zealand's failure to ratify MARPOL is "irresponsible."
Academic Calls New Zealand's Status on MARPOL "Quite Embarrassing"
Mon13Mar
The engine - the first in a series of three - is said to benefit from the diesel principle running on mixtures of LNG and LPG, including VOCs.
MAN Marks Delivery of Multi-Fuel Capable ME-GIE Engine